The asset management industry should expect a revival in 2010 thanks to an anticipated rebound in deal activity, according to a new Jefferies & Co. study.

The 2009 review of mergers and acquisitions in the global asset management, broker dealer and financial technology industries titled "On The Road Again," which was released today, hypothesizes that “a number of factors will contribute to robust deal activity” in the sector, a Feb. 22 press release said.

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